Applications are open for CNN Academy Abu Dhabi the international news network s pioneering initiative to empower and upskill emerging talent in the region with multiplatform storytelling supported by...

Abu Dhabi Investment Authority Lab (ADIA Lab) and Minsait have signed a Memorandum of Understanding (MoU) for future research collaboration on the sustainable and ethical use of artificial intelligence...

Core42 a G42 company and provider of sovereign cloud cybersecurity AI infrastructure and services has launched JAIS Chat as a mobile application available for download on iOS. This user-friendly chatbot...

SICO a leading regional asset manager has partnered with Oman National Investment Development Company Tanmia to launch the 126 million Tanmia Liquidity Fund . Inaugurated at the Muscat Stock Exchange the...

Agthia Group a leading regional food and beverage company has seen its first-quarter (Q1) net profit grow 32.0% year-on-year to AED127.6 million ( 34.7 million) and is on track to meet its full-year 2024...

Agility Global has reported a first-quarter (Q1) 2024 net profit of 30.5 million or 0.58 cents per share and its Board has approved 65 million interim cash dividends. EBITDA grew 34% to 169.5 million and...

Thuraya Telecommunications Company the mobile satellite services subsidiary of Al Yah Satellite Communications Company (Yahsat) has unveiled IP NEO the first in a new family of next-generation satellite...

Ithmaar Bank a Bahrain-based Islamic retail bank posted a total net profit for the first quarter (Q1) of BD7.74 million ( 20.5 million) compared to BD0.23 million net loss reported for the same period...

Mubadala Investment Company an Abu Dhabi sovereign investor has grown its portfolio with assets under management (AUM) reaching more than AED1.1 trillion ( 300 billion) in a tumultuous year. In line with...

Dubai International Financial Centre (DIFC) has bolstered its brokered premiums by 61% year-on-year in 2023 crossing the 2 billion threshold said Arif Amiri CEO of the DIFC Authority. He said that the...

Genesis Digital Assets Limited (GDA) one of the largest Bitcoin mining companies in the world in terms of hash rate has announced the opening of a new data centre in Argentina powered by YPF Luz a leading...

Presight the region s leading big data analytics firm and Intel a global tech leader will collaborate to accelerate applied AI projects and develop cutting-edge AI solutions in the Middle East. Signifying...

The Saudi Central Bank (Sama) has licensed Hala Financing to provide debt-based crowdfunding solutions. With this new addition there are now 11 authorised companies offering debt-based crowdfunding solutions...

Qatari Investors Group (QIG) has signed a partnership with global technology company SAP SE that will enable it to leverage the benefits of SAP s cloud ERP solution with data securely hosted in Qatar....

Gulf Cooperation Council (GCC) banks profitability is expected to remain strong in 2024 but suffer a slight deterioration in 2025 as the Fed could start cutting rates in December 2024 and most GCC central...

Emirates Development Bank (EDB) the key financial engine of the UAE economic development and industrial advancement has launched EDB Smart Connect an innovative cash management platform that will deliver...